This is the first time Xpeng’s management has mentioned a timeline for reaching breakeven.
Xpeng CEO He Xiaopeng told Nio CEO William Li that he should personally oversee the supply chain business.
Siemens Mobility receives first order for Vectron locomotives with battery module
JeMyn, an affiliate of Swiss firm Widmer Rail Services, has ordered two Vectron locomotives with battery power modules from Siemens Mobility—the first order for this new version of the Vectron. The battery module enables the Vectron to operate for short distances without an overhead power line, enabling the loco to cover the last mile of… Read more…
AFIF grant: EU funds alternative infrastructure with €422 mn
The EU Commission has selected 39 projects that will set up new charging stations and hydrogen refuelling stations, as well as help decarbonise airports and ports. More specifically, it has earmarked nearly 422 million euros in funding. Read more…
Karma claims these EVs and PHEVs are coming in 2025 and 2026
Revero PHEV production continues now, limited-edition Invictus arrives in 2025 Gyesera in 2026 debuts new look, composite body Kaveya supercar in late 2026 goes fully electric, embraces Intel architecture Karma’s push to power fleets and commercial vehicles has faded It’s been more than ten years since California-based Karma Automotive… Read more…
Ola Electric launches new e-scooters with a range of up to 320 km
Indian electric two-wheel maker Ola Electric has launched four new electric scooters, called S1 X, S1 X+, S1 Pro, and S1 Pro+. The company debuts its all-new ‘Gen 3’ technology platform in these models, promising a range of up to 320 km. Read more…
Watch what happens when an electric hydrofoil boat hits big chop & waves
The Candela P-12 is the first hydrofoil electric ferry in the world to begin commercial operations. The 30-seat electric ferry uses a set of computer-controlled hydrofoil wings to fly above the surface of the water, resulting in a smoother and more efficient ride. But what happens when the seas get rough. Read more…
BYD Atto 2 now available in Europe
BYD continues its European expansion with the launch of the Atto 2, a compact electric SUV. This new model, known as the Yuan Up in China, represents BYD’s ninth offering in the European market. The Atto 2 has a good chance to capture a decent chunk of the competitive B-segment SUV market, offering a lot of modern technology, practicality, and… Read more…
Lynk & Co wins Volvo as a distribution partner in Europe
Volvo Cars has received approval from its shareholders to sell its 30 per cent stake in Lynk & Co to Zeekr. At the same time, Lynk & Co has gained Volvo as a distribution partner for Europe. This gives Lynk & Co access to selected Volvo dealers in Germany and other European countries. Read more…
Stellantis plans to close UK plant in Luton by the middle of the year
Stellantis confirmed to the British media that the van plant in Luton near London will close in the second quarter of 2025. That means the announced production of electric vans in Luton will obviously not take place. Read more…
Airbus pauses its air taxi project
The German air taxi startups Lilium and Volocopter both had to file for insolvency and are now trying to reorganise themselves. Now the major aviation group Airbus is also putting its air taxi project on hold. The once-hyped technology is finding it extremely difficult to take off. Read more…
China Jan NEV wholesale at 900,000, down 40% from Dec, CPCA estimates show
In January, China’s wholesale sales of passenger NEVs were estimated at 900,000 units, up 31 percent from a year earlier but down 40 percent from December.
The Chinese New Year holiday, and the fact that many consumers completed their pre-holiday car purchases early in December, contributed to the weak performance in January.
Dongfeng Voyah’s Zhiyin SUV reportedly to be 1st model to feature DeepSeek
Voyah’s cockpit has completed integration with DeepSeek and is scheduled to kick off DeepSeek knowledge distillation training on February 14.
In addition to Zhiyin, Voyah’s Dream MPV will also feature DeepSeek’s AI models.
Tesla China sells 63,238 cars in Jan, down 33% from Dec
That’s down 11.49 percent from 71,447 a year ago and down 32.56 percent from 93,766 in December.
A previous report said Tesla planned to suspend some of its production lines in Shanghai for about three weeks during the Chinese New Year to optimize its equipment.
Porsche wants to build more combustion engines
Porsche is planning extensive measures “to strengthen the company’s profitability in the short and medium term.” That also includes “expansion of the product portfolio to include additional vehicle models with combustion engines or plug-in hybrids.” Read more…
Nio sees record 136,720 single-day battery swaps during Chinese New Year break
Between January 22 and February 5, there were 12 days with more than 100,000 battery swap services in a single day.
The busiest station provided 183 services in a single day.
Hyundai to suspend Ioniq 5 production in South Korea
Due to weak sales figures, Hyundai will allegedly suspend production of the Ioniq 5 and Kona Electric at its South Korean plant in Ulsan for a week in February. Along with Kia, the carmaker launched discount campaigns for their electric models in South Korea to boost sales. Read more…
Dürr, Cellforce and LiCAP team up for dry electrode tech
Dürr Systems and LiCAP Technologies are working together to revolutionise the production of battery cells, traditionally reliant on wet coating, with the sustainable Activated Dry Electrode technology. Read more…
Ziegler Energy Solutions and Kempower partner to offer EV charging solutions
Ziegler Energy Solutions, a manufacturer of EV charging and microgrid equipment, has announced that it has become a Kempower Certified Partner. “This certification and partnership enables ZES to deliver advanced electric vehicle fast-charging solutions tailored to meet the needs of commercial fleet services and charging infrastructure projects,” the company said, adding that the partnership will… Read more…
Lyteflo closes $3-million seed round to help dealers sell EVs
Lyteflo, a new electric vehicle (EV) merchandising company, has received $3 million in seed funding. Lyteflo’s platform integrates into auto dealership web sites to help them move their EV inventory faster and appraise EV batteries with precision. It provides data-backed sales tools to answer customers’ most prominent questions. Lyteflo’s EV Revenue Platform provides a suite… Read more…
China EV insurance registrations for 2 weeks ending Feb 2: Nio 3,300, Tesla 13,400, BYD 68,100
Xpeng at a record 11,100 units, Li Auto at 11,000 and Xiaomi at 8,500. Read more…
